Altaal, an independent Swedish investment and advisory firm, has announced its latest acquisition in Finland as part of a €1 bn investment drive focused on Helsinki offices.
The company, founded by Henrik Schmidt and Stefan Gattberg with the Penser family as external investor, has acquired the CGI headquarters from Swedish fund management group Niam. Financial details were not disclosed.
The office building, which is located in Pitäjänmäki, in north-western Helsinki, consists of 18,500 m2 spanning across seven floors with a glass hall in the heart of the building.
‘We are continuing to execute on our brown-to-green strategy where we aim to create a network of assets offering design, sustainability and hybrid work mode. Our portfolio is growing and is now comprising approximately 50,000 m2. Helsinki is a fantastic city with multiple fundamentals in place,’ said Altaal’s founder Henrik Schmidt.
Co-founder Stefan Gattberg added: ‘Pitäjänmäki is an interesting part of Helsinki that we believe will become even stronger given the roll out of the Jokeri light rail with a station located only 100 metres from our building. Infrastructure investments always support asset values and this micro location will become even stronger upon the Jokeri line completion.’
